New detached homes on woodlots at Riverview Heights in Brampton!
By Lucas on Jan 18, 2017
Brampton is one of the most highly sought after cities for families in search of a new low-rise home, so you should be very excited about Riverview Heights by Ashley Oaks Homes.
Riverview Heights is a new community of detached homes located near Heritage Road and Steeles Avenue in southwest Brampton, a short drive from Highway 407. The homes range from 1,910 to 3,723 square feet with three-, four-, and five-bedroom home designs available.
The 38’, 41’, and 50’ detached homes boast traditional designs with clay brick, stucco, and stone exteriors. Other features include double garages, covered front porches or entryways, columns, and large bay windows that allow in a lot of natural sunlight so the living space at the front of your home is bright throughout the day.
A few of the interior features and finishes at Riverview Heights include custom quality kitchen and bathroom cabinetry, natural prefinished oak hardwood flooring, ceramic tile, 9’ main floor ceilings, oak railings, and satin nickel hardware.
Living in Riverview Heights in Brampton
The new low-rise market in Brampton is hot right now and there’s no sign of things slowing down. According to Trimart Research Corporation, there were more than 3,300 new low-rise sales in Brampton last year, making it the city with the most new low-rise sales in the Total Market Area (including the GTA and a few surrounding regions).
The second place city was Milton where there were around 1,000 new low-rise sales last year. Why was Brampton so far ahead of the pack? Because there is room to grow, a decent selection of new homes given the supply shortage, and there are already many established area amenities.
At the end of 2016, the Building Industry and Land Development Association (BILD) announced an extreme shortage of new detached homes in the GTA. As of the end of November 2016, there were only 789 new detached homes available, which is about one-month of inventory based on current sales trends. That means, if no new detached homes were brought to market over the next month, there wouldn’t be any available across the GTA!
That’s why it’s so important to jump on a good opportunity when it arises. While we’re looking at new home statistics, we’ll also point out that the Riverview Heights pricing is in line with BILD’s average findings. The average new low-rise home in the GTA is priced around $977,890, which includes semis and townhomes. BILD says the average price of a new detached home in the GTA last November was $1,230,961. At Riverview Heights, prices range from just under $1 million to more than $1.3 million.
Riverview Heights is nestled next to a lush ravine and is surrounded by ponds and community parks. Brampton’s favourite park, Eldorado Park, and a couple of the city’s top rated golf courses are only five minutes away by car.
There are also many public and Catholic schools, both elementary and secondary, and many options for grocery stores, shopping, and banks. Every daily amenity you need on a daily basis is only a few minutes away.
Do not miss this opportunity to own one of the few remaining new detached homes in the GTA! For more information about Riverview Heights in Brampton by Ashley Oaks Homes, register now or contact a sales advisor at 905-452-0340.